Kauche
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | 2.4m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | JPY180m | Seed | |
* | JPY810m | Series A | |
* | JPY2.2b | Series B | |
Total Funding | €22.3m |
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Recent News about Kauche
EditKauche is a dynamic startup that operates in the e-commerce sector, specifically focusing on social shopping. The company offers a unique shared purchase app that allows users to buy products in groups, thereby securing better prices. This innovative approach leverages social networks (SNS) to create a new sales network, encouraging users to share deals and recommendations with friends and family.
The primary clients of Kauche are everyday consumers who are looking for cost-effective shopping solutions. These clients range from individuals to families and groups of friends who enjoy the social aspect of shopping together. The market Kauche operates in is the broader e-commerce and social commerce space, which is rapidly growing as more consumers seek interactive and community-driven shopping experiences.
Kauche's business model is based on a commission structure. The company charges a 10% fee on sales transactions and an additional 3.5% for new sales generated through its social network. This dual revenue stream ensures that Kauche benefits from both the volume of sales and the expansion of its user base through social sharing.
The app offers a variety of products, including food, household items, beauty products, and electronics. Users can find attractive deals by pooling their purchasing power with others, making it a win-win situation for both buyers and sellers. Sellers benefit from increased sales volume, while buyers enjoy discounted prices.
In summary, Kauche is revolutionizing the way people shop online by combining the power of social networks with group purchasing. This approach not only makes shopping more affordable but also more enjoyable and interactive.
Keywords: social shopping, group buying, e-commerce, shared purchase, discounts, social networks, commission-based, consumer goods, interactive shopping, cost-effective.